EY Parthenon Strategy Senior Manager - Real Estate, Riyadh📣 Job Ad

About the Role

EY-Parthenon is seeking a Strategy Senior Manager to join its Real Estate practice in Riyadh, Saudi Arabia. This role is central to supporting sovereign wealth funds and leading developers in the region with their evolving business strategies across the real estate lifecycle. The position involves active participation in client engagements, translating client needs into actionable project tasks and deliverables. This is an opportunity to contribute to high-impact strategy projects within a globally connected and diverse team.

The EY-Parthenon strategy team combines sector expertise with analytical capabilities and client relationships. The team seeks professionals with a proven track record in strategy, corporate finance, real estate development, architecture, or urban planning, possessing in-depth knowledge of real estate segments such as residential, retail, hospitality, or commercial real estate.

Key Responsibilities

• Lead and contribute to work streams and engagements, translating client needs into project tasks and deliverables.
• Collaborate with Real Estate, Hospitality, and Tourism clients to develop and execute their strategic agendas.
• Manage and deliver engagements, including developing visions, concepts, and business plans for significant regional developments.
• Advise clients throughout the real estate lifecycle, encompassing feasibility studies, transactions, and operator search and selection.
• Support management in aspects of the acquisition process and conduct valuations for strategic priorities.
• Coach and mentor junior team members, ensuring the delivery of high-quality work products.
• Maintain strong client relationships.
• Undertake strategy-related projects throughout the real estate lifecycle, including long-term strategy roadmaps, feasibility studies, concept ideation/development, highest-and-best-use analysis, destination strategy, tourism product development, growth/market entry & expansion strategy, valuation, transactions, due diligence, business transformation, and greenfield projects.
• Work with management on parts of the acquisition process and regularly undertake valuations for strategic priorities.

Qualifications and Requirements

• A bachelor's degree from a top-ranking institution with outstanding academic performance.
• A minimum of 10 years of experience, with at least 8 years in strategy-related work, preferably within Real Estate Consulting, Private Equity, or Real Estate Development.
• Experience in commercial real estate, hospitality, or tourism with a focus on strategy development, acquisition, due diligence, real estate valuation, loan underwriting, asset management, finance, or market research.
• Willingness and flexibility to travel within the MENA region when necessary.

Required Skills and Expertise

• Strategy development and execution
• Corporate Finance
• Real Estate Development
• Architecture and Urban Planning
• Expertise in Residential Real Estate, Retail Real Estate, Hospitality Real Estate, or Commercial Real Estate
• Feasibility Studies
• Concept Ideation and Development
• Highest-and-Best-Use Analysis
• Destination Strategy
• Tourism Product Development
• Growth, Market Entry & Expansion Strategy
• Valuation and Finance
• Transactions and Due Diligence
• Business Transformation
• Greenfield Projects
• Business Plans
• Operator Search and Selection
• Acquisition Process Management
• Loan Underwriting
• Asset Management
• Market Research
• High business acumen and strategic mindset
• Strong analytical skills
• Effective organization and time management skills
• Ability to thrive in a fast-paced environment
• Leadership and Teamwork
• Communication and Problem-solving

Additional Information

Professional qualifications such as CFA, CAIA, or RICS will be preferred. EY offers development with future-focused skills, world-class experiences, a flexible environment, and a diverse and inclusive culture within globally connected teams. EY is committed to building a better working world by creating new value for clients, people, society, and the planet, while building trust in capital markets. EY teams work across assurance, consulting, tax, strategy, and transactions, providing services in over 150 countries and territories. Candidates requiring disability-related adjustments or accommodations during the recruitment process are encouraged to inform EY as soon as possible.